(Corrects headline to remove reference to revenue) Overview * Ryerson Q3 revenue of $1.16 bln, in-line with analyst expectations * Company reports Q3 net loss of $14.8 mln, diluted loss per share $0.46 * Adjusted EBITDA of $40.3 mln beats analyst estimates Outlook * Ryerson did not provide specific future financial guidance in its press release Result Drivers * SELF-HELP ACTIONS – Co executed self-help actions to achieve revenue within guidance despite weak demand and tariff pricing conditions * PRICE INCREASE – Average selling prices increased by 2.6% compared to the prior quarter * DEMAND AND TARIFFS – Weak demand and tariff pricing conditions impacted results Key Details Metric Beat/Mis Actual Consensu s s Estimate Q3 Meet $1.16 $1.16 Revenue bln bln (2 Analysts ) Q3 EPS -$0.46 Q3 Net -$14.80 Income mln Q3 Beat $40.3 $38.80 Adjusted mln mln (2 EBITDA Analysts ) Analyst Coverage * The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell" * The average consensus recommendation for the iron & steel peer group is "buy." * Wall Street's median 12-month price target for Ryerson Holding Corp is $24.00, about 4.7% above its October 27 closing price of $22.87 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
